(1) All moneys received by or on behalf of a District Council under the provisions of this Act or any other law for the time being in force shall be credited to a fund which shall be called the "Council Fund" and it shall be held by the District Council in trust for the purposes of this Act.
(2) All expenditure of the Council shall be defrayed out of the Council Fund.
(3) The Administrator may make rules for the management of the Council Fund and for the procedure to be followed in respect of payment of money into the said Fund, the withdrawal of moneys therefrom, the custody of moneys therein and any other matter connected with or ancillary to the matters aforesaid.
(4) The accounts of a District Council shall be kept in such form as may be prescribed.
(5) The accounts of a District Council shall be audited in such manner as may be prescribed.
(2) All expenditure of the Council shall be defrayed out of the Council Fund.
(3) The Administrator may make rules for the management of the Council Fund and for the procedure to be followed in respect of payment of money into the said Fund, the withdrawal of moneys therefrom, the custody of moneys therein and any other matter connected with or ancillary to the matters aforesaid.
(4) The accounts of a District Council shall be kept in such form as may be prescribed.
(5) The accounts of a District Council shall be audited in such manner as may be prescribed.
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More sections of this act
Section 1 · Short title and extent.Section 2 · Definitions.Section 3 · Division of Hill Areas into autonomous districts.Section 4 · Constitution of District Councils and their composition.Section 5 · Delimitation of constituencies.Section 6 · Power to alter or amend delimitation orders.Section 7 · Qualifications for membership.Section 8 · Disqualifications for membership.India Code, Government of India. Text fetched 25 Oct 2026. Source metadata reports last modification: 2025-12-31. Check the linked official text and subsequent notifications when applying a provision.